Rising Investment in Target Drone Acquisition is Driving Global Target Drone Market
Published: Jul 2022
The global target drone market is anticipated to grow at a CAGR of 7.1% during the forecast period. The growing investment in the acquisition of target drones is a key factor driving the growth of the global target drone market. For instance, in February 2020, Kratos Defense & Security Solutions, Inc. received a $20 million contract award from an international customer for high-performance, unmanned aerial target drone system aircraft and related services.
New Product Launches are Driving the Global Submarine Cables Market
Published: Jul 2022
The global submarine cables market is anticipated to grow at a CAGR of 5.5% during the forecast period. In July 2022, NTT Ltd., Japan Corp., and PC Landing Corp. announced the launch of the new company, Seren Juno Network Co., Ltd. for constructing and operating "JUNO", the new trans-Pacific submarine cable system that links the US and Japan. JUNO serves the ever-growing digital economy in the Asia-Pacific region by landing in Japan which is a "Data Hub" located in the mid-point of the US and Asian countries.
Increasing Demand for Clean Energy is Fueling the Global ORC Industrial Waste Heat to Power Market
Published: Jul 2022
The global ORC industrial waste heat to power market is anticipated to grow at a CAGR of 5.1% during the forecast period. One of the key factors that are boosting the market is the growing demand for clean energy. These energies are zero-emission energy which offers several benefits such as no wastage of energy, no pollution, and government support. All these factors are going to be more effective on the market as most of the governments across the globe making norms for pushing zero emission.
New Product Launches Leveraging the Global Modular Robotics Market
Published: Jul 2022
The global modular robotics market is anticipated to grow at a moderate CAGR of 17.5% during the forecast period. The new product launches by players operating in the global modular robotics market are driving the growth of the global modular robotics market. For instance, in July 2022, Beckhoff introduced the ATRO Modular Robot. The ATRO (Automation Technology for Robotics) system is a modular industrial robot system that allows end users, integrators, and machine builders to create an optimal robot configuration for their application.
Strategic Initiatives Leveraging the Global Silica Flour Market
Published: Jul 2022
The global silica flour market is anticipated to grow at a CAGR of 3.6% during the forecast period. The ongoing market developments by key players are offering an opportunity for market growth. For instance, in June 2022, Brisil Technologies and Lehmann & Voss & Co. signed an agreement to evaluate the commercialization prospects of silica filler derived from biomass. The evaluation relates to elastomer applications and is limited to Europe. The increasing production capacity by the prominent players operating in the global silica flour market is further contributing to the market growth.
Growing Clinical Trials for Immunotherapy Drugs is Driving the Global Immunotherapy Drugs Market
Published: Jul 2022
The global immunotherapy drugs market is anticipated to grow at a CAGR of 9.0% during the forecast period. The increasing clinical trials to develop more immunotherapy drugs is a key factor driving the growth of the market. For instance, in July 2022, Sosei Group Corp., an international biopharmaceutical company and Cancer Research UK, the world’s largest private funder of cancer research signed an agreement to bring Sosei Heptares’ cancer immunotherapy drug candidate into a first-in-human trial.
Rising Recreational Boating is Boosting the Global Personal Flotation Device Market
Published: Jul 2022
The global personal flotation device market is anticipated to grow at a CAGR of 4.5% during the forecast period. One of the core driving forces is the growing people’s interest in outdoor recreational activities and increasing participation across all sections of people around the globe. One of the activities is watersports, which have been becoming more and more popular not just for the adrenaline rush or excitement of getting fit, however, also due to several benefits in health.
Ban on Single Use Plastics is Propelling the Growth of the Global Eco-Friendly Water Bottle Market
Published: Jul 2022
The global eco-friendly water bottle market is anticipated to grow at a CAGR of 4.5% during the forecast period (2022-2028). Governments across the globe are banning single-use plastics and to switch on reusable or degradable plastics. The initiatives by governments across the globe are propelling the growth of the market during the forecast period. For instance, in an article published by World Economic Forum (WEF) in July 2022, India imposed a ban on single-use plastics to tackle the country's rapidly increasing levels of plastic pollution.
Strategic Initiatives will Further Boost the Growth of the Global Blinds and Shades Market
Published: Jul 2022
The global blinds and shades market is anticipated to grow at a CAGR of 4.2% during the forecast period. The major players operating in the market are focusing on adopting various strategic moves such as partnerships, collaborations, and geographical expansion to remain competitive in the market.
High Prevalence of Dental Disorder Leading Higher Dental Diamond Burs Demand
Published: Jul 2022
The global dental diamond burs market is anticipated to grow at a CAGR of 7.5% during the forecast period. The increasing dental disorder especially in geriatric population is one of the major factors that has widen the scope for dental diamond burs market. As per the Global Burden of Disease 2019, untreated dental caries (tooth decay) in permanent teeth is the most common health condition. In addition, more than 530 million children suffer from tooth decay of primary teeth.